WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Sets New 1-Year High – Here’s What Happened

Shares of WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) reached a new 52-week high on Monday . The stock traded as high as $49.65 and last traded at $49.70, with a volume of 37361 shares traded. The stock had previously closed at $49.26.

WisdomTree Emerging Markets High Dividend Fund Stock Up 1.0%

The stock has a market capitalization of $3.50 billion, a price-to-earnings ratio of 9.40 and a beta of 0.62. The stock has a fifty day moving average of $47.03 and a 200-day moving average of $46.47.

WisdomTree Emerging Markets High Dividend Fund Dividend Announcement

The business also recently declared a special dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were paid a dividend of $0.072 per share. The ex-dividend date was Wednesday, December 31st.

Hedge Funds Weigh In On WisdomTree Emerging Markets High Dividend Fund

Several large investors have recently bought and sold shares of DEM. Capital Investment Advisory Services LLC boosted its position in shares of WisdomTree Emerging Markets High Dividend Fund by 173.5% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 547 shares of the company’s stock valued at $25,000 after purchasing an additional 347 shares during the period. Creekmur Asset Management LLC lifted its stake in WisdomTree Emerging Markets High Dividend Fund by 172.3% in the second quarter. Creekmur Asset Management LLC now owns 580 shares of the company’s stock valued at $26,000 after buying an additional 367 shares during the last quarter. Advantage Trust Co acquired a new stake in shares of WisdomTree Emerging Markets High Dividend Fund in the second quarter valued at approximately $27,000. Trust Co. of Vermont acquired a new stake in shares of WisdomTree Emerging Markets High Dividend Fund in the third quarter valued at approximately $29,000. Finally, AE Wealth Management LLC grew its position in shares of WisdomTree Emerging Markets High Dividend Fund by 54.8% during the second quarter. AE Wealth Management LLC now owns 709 shares of the company’s stock worth $32,000 after acquiring an additional 251 shares during the last quarter. Institutional investors and hedge funds own 58.33% of the company’s stock.

About WisdomTree Emerging Markets High Dividend Fund

WisdomTree Emerging Markets Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Emerging Markets Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of the highest dividend yielding stocks selected from the WisdomTree Emerging Markets Dividend Index. At the index measurement date, companies within the WisdomTree Emerging Markets Dividend Index are ranked by dividend yield.